Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 73500
per

Your estimated
City
free-cash

Madrid , Spain
₽9985
₽17044
₽7236
₽6713
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
73 500
other
-
-
-
74
unemployment
-
-
-
515
income
-
-
-
12 213
pensions
-
-
-
20 801
accident
-
-
-
662
total
-
-
-
34 265
Employee
44 692
-
55 733
-
unemployment
692
-
864
-
other
44
-
56
-
pensions
2 100
-
2 620
-
income
9 335
-
12 436
-
total
12 171
-
15 976
-
Employer
44 692
-
55 733
-
other
358
-
444
-
accident
885
-
1 103
-
pensions
10 547
-
13 153
-
unemployment
2 459
-
3 066
-
total
14 249
-
17 766
-
Corporate
14 559
73 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

2 185
11 025
-
-
total
2 185
11 025
-
-
Dividends
12 374
62 475
-
-
withholding
2 388
12 909
-
-
total
2 388
12 909
-
-
Income
73 500
73 500
73 500
73 500
Total tax
30 993
23 934
33 742
34 265
After tax
42 507
49 566
39 758
39 235
Living cost
32 522
32 522
32 522
32 522
Free-cash
9 985
17 044
7 236
6 713

Estimated living cost  is ₽32522 per week

₽23356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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